Why CFOs aren't adopting digital
Companies in India and the Asia-Pacific trail their global peers in adoption of emerging technologies for treasury functions, finds a survey by DBS Bank. Part of the reason is ambiguity around ownership: nearly a third of India Inc’s CFOs and corporate treasurers feel digital is the CTO’s domain. Over 87% think execution of challenges and delivery of outcomes was a key risk, while one in two believe there’s a lack of talent to execute digital transformation. The biggest roadblocks to adoption? Managing the “unknown” consequences of tech solutions and high costs.
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